Saturday, December 10, 2011

The Ninja Stock Monitor


selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


9 December 2011 closing prices
    
agi (alliance global)
c: 11 (higher)
s: 10.88 (previous res), 10.66 (intraday low), 10.50 (psych support)
r:  11.04 (intraday high), 11.24
vol: +  
dmi: +/17.35(+)
macd: > 0
macd histogram: > 0
macd histogram direction: + (up)
rsi: 63.57 (higher)
sts: 82.66 (higher)
rem: breached res of 10.88 and sitting @psych res of 11. 11.04 turned bak again the assault to higher levels. bot bak initial position. to add 2nd tranche if it continues to trend higher.

glo (globe telecom) 
c: 950 (lower)
s: 950 (intraday low), 943)
r:  965 (intraday high), 972 (previous low)
vol: -  
dmi: -/31.54(+)
macd: > 0
macd histogram: < 0
macd histogram direction: - (down)
rsi: 45.42 (lower)
sts: 74.09 (lower/sell signal)
rem: gapped lower @opening. the attempt to rise was not successful and closed at the day's low. monitor closely for possible initial positon entry in the coming days.

scc (semirara mining)
c: 213 (higher)
s: 205.6 (intraday low), 204
r:  213.20 (200 DMA) 213.4 (intraday high), 215
vol: +  
dmi: +/10.32(+)
macd: > 0
macd histogram: < 0
macd histogram direction: + (up)
rsi: 54.32 (higher)
sts: 27.64 (higher/buy signal)
rem: sts gave a buy signal on big volume; waiting for the macd buy signal; must close higher than 200DMA; another green candle should strengthen confirmation of the change in trader mood  (thursday previous was a doji, then a friday green candle)


secb (security bank)
c: 96.65 (higher)
s: 96 (intraday low/20DMA), 95
r:  97 (intraday high), 98.50
vol: even   
dmi: +/37.19(-)
macd: > 0
macd histogram: < 0
macd histogram direction: - (down)
rsi: 60.34 (higher)
sts: 51.21 (higher)
rem: secb is being supported by the 20DMA; a close above 97.95 should be good.






Tuesday, December 6, 2011

The Ninja Stock Monitor


selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


6 December 2011 closing prices
    
agi (alliance global)
c: 10.62 (lower)
s: 10.58 (intraday low), 10.50 (psych support)
r:  10.87(200DMA), 11 (psych res ), 11.04 (intraday high) 
vol: -   
dmi: +/14.4(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (declined)
rsi: 56.74 (lower)
sts: 79.66 (lower/sell signal)
rem: bad opening ... stops got hit ... sold entire position ... taking a rest from trading agi for a while ... continue monitoring

The Ninja Stock Monitor


selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


5 December 2011 closing prices
    
agi (alliance global)
c: 10.88 (higher)
s: 10.70 (intraday low), 10.50 (psych support)
r:  11 (psych res ), 11.04 (intraday high) 
vol: even  
dmi: +/13.6(+)
macd: > 0
macd histogram: > 0
macd histogram direction: + (increasing)
rsi: 63.57 (higher)
sts: 86.55 (higher)
rem: breached last friday's intraday res of 10.82 and pierced thru 11 pesos before closing @10.88, a little over the 200DMA. just hovering above the 200DMA should be good for the immediate term. sts is already at overbought levels tho rsi is still not worrisome. taking profits from half of the position since entry wont hurt while letting the rest of the position run. just adjust stops. 

Sunday, December 4, 2011

some thoughts on mmi

last week saw the share price of mariwasa siam holdings (pse symbol: mmi) shoot-up from 1.10 (24 november 2011 closing price) to 3.70 (2 december closing price).

it posted the more than 3-fold share price increase (3 consecutive limit up days) after it disclosed during the trading session of 28 november that its board of directors approved a reorganization of the mariwasa group and that a special stockholders meeting will be held 12 january 2012 to approve the reorg plan.

maybe mmi is just catching up on the recent wave of limit-up plays.

but a closer look at the reorg plan and stockholders meeting agenda may provide a speculative justification for the price surge (admittedly on negligible volume).

- the reorg will erase the 516 million deficit from its balance sheet
- pay off a portion of mmi's debt via shares of mmi's subsidiary mariwasa-siam ceramics (msci)
- return to the shareholders of the capital surplus generated by the reduction in par value via proportional distribution of msci's remaining shares.

the 3 actions point to:

- mmi may already pay dividends from future unappropriated retained earnings
- aside from directly owning mmi shares, stockholders will now directly own msci shares (a defacto property dividend?)
- possible future pse-listing of msci shares (this is pure speculation with no basis whatsoever).

of the 6 stock market forums im monitoring (not facebook-based) only 1 has so-far devoted a separate thread to mmi but still with no discussion on the reorg and its possible implications. maybe because mmi is an unknown, highly illiquid, thus not a punter's stock.  

which may indicate that no one is really seriously looking at mmi except for a handful of players with a liking for illiquid and unknown issues. and thus last week's price action may just be a fluke. however, the special stockholders' meeting is still on the 12th of january. many things could still take place between now and then. who knows? me, im just a kibitzer curious if this coming week we will see another series of limit up closings for mmi.  







Saturday, December 3, 2011

The Ninja Stock Monitor


selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


2 December 2011 closing prices
    
agi (alliance global)

c: 10.68 (higher)
s: 10.58 (intraday low), 10.50 (psych support)
r: 10.82 (intraday high), 10.87 (200DMA), 11 (psych res )
vol: - (below 5DMA)
dmi: +/12.14(+)
macd: > 0
macd histogram: > 0
macd histogram direction: + (increasing/buy signal)
rsi: 60.15 (higher)
sts: 69.91 (higher)
rem: broke thru 10.60 res. breached previous intraday res of 10.70 and went to as high as 10.82 but retreated to close@10.68. macd buy signal given ... breaking the 200DMA should be a good sign. 
  

glo (globe telecoms)

c: 990 (higher)
s: 970 (intraday low/20DMA), 955
r: 1000
vol: even (5DMA)
dmi: -/29.93(+)
macd: > 0
macd histogram: < 0
macd histogram direction: + (increasing)
rsi: 57.65 (higher)
sts: 68.46 (lower)
rem: continue monitoring

scc (semirara )

c: 210 (higher)
s: 207 (most recent bottom)
r: 213 (20/200 DMA), 215
vol: - (below 5DMA)
dmi: +/10.1(-)
macd: > 0
macd histogram: < 0
macd histogram direction: + (increasing)
rsi: 49.87 (higher)
sts: 11.11 (higher)
rem:continue monitoring, sts may give a buy signal in the coming days

secb (security bank)

c: 96.75 (higher)
s: 95.50 (intraday low), 94.30 (20DMA)
r: 98.50 (most recent intraday peak)
vol: - (below 5DMA)
dmi: +/41(-)
macd: > 0
macd histogram: < 0
macd histogram direction:  neutral
rsi: 61.82 (higher)
sts: 59.4 (higher)
rem: continue monitoring

Thursday, December 1, 2011

The Ninja Stock Monitor (1 dec 2011)



selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


1 December 2011 closing prices
    
agi (alliance global)

c: 10.58 (higher)
s: 10.22 (intraday low), 10.14
r: 10.60, 10.66 (intraday high), 10.70 (most recent peak/intraday)
vol: + (above 5DMA)
dmi: +/11.19(+; gave a buy signal today)
macd: > 0
macd histogram: < 0
macd histogram direction: + (increasing)
rsi: 58.32 (higher)
sts: 53.56 (higher)
rem: for a brief while there agi breached 10.60 and went on to 10.66 ... threatening to go past the 10.70 resistance only to be sold down to 10.58. good volume. macd histogram still below 0 but there is a possibility of it giving a buy signal in the coming days. the 200 DMA is at the 10.85-10.90 level. monitor intently.

Saturday, November 26, 2011

The Ninja Stock Monitor (26 nov 2011)


selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


25 November 2011 closing prices
    
agi (alliance global)

c: 10.28 (higher)
s: 9.90 (50DMA); 9.81 (intraday low), 9.60
r: 10.28 (intraday high), 10.33 (20DMA), 10.50, 10.70 (most recent peak)
vol: - (below 5DMA)
dmi: -/11.91(-)
macd: > 0
macd histogram: < 0
macd histogram direction: + (increasing)
rsi: 52.04 (higher)
sts: 24.8 (higher; buy signal given)
rem: possible start of immediate term uptrend in the works altho volume is still relatively low; monitor

glo (globe telecoms)

c: 994 (higher)
s: 990 (intraday low), 951 (20DMA)
r: 995.5 (intraday high), 999.5, 1000 (psych res)
vol: even (5DMA)
dmi: -/29.24(-)
macd: > 0
macd histogram: > 0
macd histogram direction: - (declining)
rsi: 63.31 (lower)
sts: 88.8 (lower)
rem: continue monitoring

scc (semirara )
c: 215 (higher)
s: 209.4 (intraday low), 207 (most recent bottom)
r: 216 (intraday high), 217 (most recent peak)
vol: - (below 5DMA)
dmi: +/11.03(+)
macd: > 0
macd histogram: < 0
macd histogram direction: + (increasing)
rsi: 54.93 (higher)
sts: 51.48 (higher)
rem:continue monitoring

secb (security bank)

c: 96.5 (lower)
s: 94.55 (most recent bottom), 90 (psych support)
r: 97.10 (intraday high), 97.45 (most recent intraday peak), 100 (psych res) , 100.60 (most recent peak)
vol: - (below 5DMA)
dmi: +/41.43(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (declining)
rsi: 63.27 (lower)
sts: 66.21 (lower)
rem: continue monitoring

Sunday, November 20, 2011

The Ninja Stock Monitor


selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only.
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


18 November 2011 closing prices

glo (globe telecoms)

c: 970.50 (lower)
s: 968 (intraday low), 965 (to close the gap); 941
r: 975 (intraday high), 1000 (psych res), 1010 (most recent peak)
vol: - (below 5DMA)
dmi: +/34.44(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (declining)
rsi: 59.56 (lower)
sts: 76.94 (lower; sell signal given)
rem: monitor

scc (semirara )

c: 208.40 (lower)
s: 208 (intraday low), 204, 200 (psych support)
r: 211.80 (intraday high), 217, 219
vol: - (below 5DMA)
dmi: -/12.43(-)
macd: > 0
macd histogram: < 0
macd histogram direction: - (declining)
rsi: 48.71 (lower)
sts: 37.41 (lower)
rem: monitor

secb (security bank)

c: 95 (lower)
s: 94.75 (intraday low), 90 (psych support), 88.90 (most recent bottom)
r: 96.40 (intraday high), 100 (psych res), 100.60 (most recent peak)
vol: - (below 5DMA)
dmi: +/36.02(+)
macd: > 0
macd histogram: > 0
macd histogram direction: - (declining)
rsi: 62.99 (lower)
sts: 71 (lower; sell signal given)
rem: monitor

Sunday, November 13, 2011

The Ninja Stock Monitor

selected technical indicators of some PSE-listed stocks
these are just my trading notes for my reference only
by no means are these to be taken by the reader as recommendations to buy or sell

legend:
c: closing price
s: support
r: resistance
vol: volume (+ above 5dma; - below 5dma)
dmi/adx: directional movement index/average directional index
macd: moving average convergence divergence
rsi: relative strength index
sts: stochastics
rem: remarks
(+): higher
(-): lower


11 November 2011 closing prices

joh (jolliville holdings)

c: 4.01(+) 52-week closing high
s: 4.00 (psych support), 3.88 (previous day's close); 3.50
r: 4.07 (intraday high); 4.30, 4,50, 4.90
vol: +
dmi: -/35.24(-)
macd: > 0
macd histogram: > 0
macd histogram direction: +
rsi: 66.93 (+)
sts: 93.53(+)
rem: positive news: cvi subsidiary to IPO; ormin power subsidiary starts operations; sts already at overbought levels; trade defensively

Sunday, November 6, 2011

in lieu of an introduction

i love to watch movies. aside from porn (hehe), i watch english-subtitled foreign movies. i barely remember luis bunuel's "belle de jour" starring the young and delicious catherine deneuve. i think i dozed off during most parts of the movie. but i love to watch again and again pedro almodovar's "!Atame!" with antonio banderas and victora abril and nagisa oshima's erotic "ai no korida." i even endured the maoist epic "dongfang hong" depicting the history of the chinese communist party which was shown at the government-owned national library when martial law was still very much rampaging across the country (how that was possible i still cant figure out until now).

among my favorites is akira kurosawa's "kagemusha" (shadow warrior) .. about japanese feudal lord takeda shingen and his "double" (the kagemuha). this i first saw when i was still in college, at a film retrospective which included another favorite, woody allen's "annie hall."

in one of the movie's scenes involving takeda shingen's young grandson takemaru, shingen's bodyguard sohachiro tsuchiya and the kagemusha, there was this following dialogue:

Takemaru: Why are you called a mountain, grandfather?
Kagemusha: [Unaware of the legend behind Shingen's nickname] "Mountain"? Takemaru: Everybody calls you that. Where is the mountain? Is it because we have this mountain in our garden?
Sohachiro Tsuchiya: [Quickly intervening to cover for Kagemusha's ignorance] You know the master's banner. What is printed there?
Takemaru: [Reciting the slogan on the Takeda clan's banner] Swift as the wind... Quiet as a forest... Fierce as fire... Immovable as a mountain.
Sohachiro Tsuchiya: The lord is that mountain. Both in battle and at home, he is steadfast, like a mountain. When his army advances, first the horsemen attack, swift as the wind. Second, the lancers raise a forest of spears, advancing with silent resolve. Third, more horsemen engulf the enemy ranks, as mercilessly as fire. And the lord is always behind them, watching over them, immovable as a mountain. That is why our army, from general to foot soldier, can fight so resolutely... Immovable as a mountain. The lord is that mountain. So we call him "the mountain."

the takeda battle banner slogans:

Swift as the wind
Quiet as a forest
Fierce as fire
Immovable as a mountain

usually abbreviated as "wind, forest, fire, mountain" (fuu rin ka zan in japanese), were taken from sun tzu's art of war (chapter 7).

these same words i later adopted in my stock trading ..

swift as the wind ... 
silent as the forest ... 
ravagingly merciless like fire ...   
and immovable as a mountain .. one pointed, focused and steadfast 

hence .. the title of this blog.